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calloused. i think part of the story playing out is the opposite of what obama is saying which is fire and brimstone and rockets. >> i don't believe the -- if you do the math, it's 85 billion, but it's spread out over time. i think the bright red was 45 billion by september. it's 0.25%. in and of itself, it's not a big deal in this economy. >> and is we wait a month and the fed puts 85 billion back into the market, don't they, andrew? >> but not in the economy. >> the economy doesn't take it, huh? >> but, you know, i think the big point is we have a -- >> we -- >> and in the context of how does it matter is how does the market react to it? and that's the thing to watch. how does the market react in europe? i don't know that it's italy. italy is okay. >> even the austerity in italy, it's not all the same. it has been tax hikes. the spending cuts, that side of austerity always turns out bad. >> spain. >> spain has a different issue. >> they've had real cuts. >> yeah. >> and unemployment, they've had real cuts. >> and the market has forgotten about the fact that we need a banking unit. th
spending. we promise. we will do it. and they both agreed to do this. now it was a -- obama is not asking to do targeted spending cuts. he's asking to do a deficit reduction package. >> it has moved. >> it has moved. and the u.s. -- >> we talked clearly about it and -- >> and you ask the people in the u.s., what about sequester? i just want to see that we can cut spending. the reason we -- >> it's symbolic at this point. >> it is. it's only 44 billion by tend of the year. >> i would agree. i would think that if you hadn't looked at what you had done over the last couple of months where it had been partisan politics and where republicans feel like they got the short end of the stick, you might be able to do a better deal right now. but every time one side feels like it's lost, it has to come back and make up ground. >> government has grown 20% over the last four years. we're trying to cut it marginally. >> but you know as well as i do, it's discretionary spending that's the big problem. >> but there's still hundreds of billions of dollars in discretionary spending. but there's 200 billion
resumed. boston 4i9 with two feet with snow. the governor ordering schools to remain closed. the obama administration declaring a state of emergency in connecticut which will help them get federal moneys for the cleanup. they saw record snow, over three feet. schools there also remaining closed today. we've got some updated outage numbers. some of the figures we had from the weather an hour ago, particularly in rhode island, significantly underreported. here are the new numbers that we have. only 135,000 customers still without power across the northeast. majority in massachusetts, over 110,000. that's down from about 400,000. so they've worked really quickly there. in rhode island the number is now 20,000 down from peak of around 70,000 over the weekend. close to 1400 still in the new york area. and over 200 in connecticut. but that connecticut number might also be higher. the numbers well below hurricane sandy overall. ford's head of u.s. sales says the auto dealer doesn't see any major impacts like they saw during sandy due to the snowstorm. during sandy they lost nearly 200,000 car
Search Results 0 to 2 of about 3

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